Paul Ryan moves away from controversial Medicare reform plan

Rep. Paul RyanPaul RyanRyan: Graham-Cassidy 'best, last chance' to repeal ObamaCare Ryan: Americans want to see Trump talking with Dem leaders Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea MORE (R-Wis.) is moving away from his controversial plan to end traditional Medicare, putting forward a new proposal with Sen. Ron WydenRonald (Ron) Lee WydenSenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Overnight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions Finance to hold hearing on ObamaCare repeal bill MORE (D-Ore.) that would keep the federally funded program in place.

The plan, which Ryan and Wyden plan to unveil Thursday morning, would give Medicare beneficiaries a choice between today's Medicare and private health plans.  

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Ryan’s first Medicare plan would have converted the entire program into subsidies for seniors to buy private insurance. 

That proposal became a political lightning rod after it was released. Democrats argued that Republicans wanted to end Medicare and said they would use the issue as a weapon against the GOP in the 2012 elections. 

All of the Republican candidates running for the White House have had to stake out positions on Ryan's plan. Newt Gingrich, the front-runner for the GOP nomination, had to apologize to Ryan after calling his budget "right-wing social engineering."

The new approach from Ryan and Wyden has been championed by former Sen. Pete Domenici (R-N.M.) and Alice Rivlin, who led the White House budget office under President Clinton.

Although the change is a significant departure from Ryan’s earlier proposal, Wyden’s involvement could also muddy Democrats’ campaign message of preserving Medicare against the threat of privatization.

“We want to demonstrate that there is an emerging consensus developing on how to preserve Medicare. We want to move that consensus forward,” Ryan told the Washington Post.

Ryan and Wyden are scheduled to release their proposal Thursday morning at an event hosted by the Bipartisan Policy Center.

—This post has been updated.